Planit:Liabilities on Death

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There is more than one way to learn about PlanPlus Planit. Check out our other Training options, from structured tracks around planning types, to self-serve, mix-and-match topics.

In this Video you will Learn...
How do I show the payment of a liability or liability insurance in the event of a client's death?
• Liability information checkbox
• Liability insurance policy
• Alternative goal in death scenario

Keep on Track! Continue training on...
Life Planning Integrated Planning
Assets and Liabilities Screen Insurance Screen

Other Related Topics
Add an Account (Canada) Add an Account (Malaysia) Edit an Account
Add a Liability Death Scenario Introduction to the Insurance Screen
Goals on Death and Disability Add an Insurance Policy

The material in this video may differ somewhat from what you see on your site due to difference in version, jurisdiction, corporate content or access level. Regardless of these differences most of the core functions are consistent across all sites, so you'll be able to benefit by and large from what you learn in this video.

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You also specify the a loan number if one exists, and when to pay off the liability (upon the death of the client's, the spouse's, either death, second death, or both death).

You can also see a checkbox called "Insured". When you say a loan is insured, it should show up on the Insurance screen in a new field called “Insured Liability”. It should appear under the Client’s existing insurance or the spouse’s or both depending on the ownership.